M J ENGINEERING (SCOTLAND) LIMITED Financials
- Company number
- SC289083CopyCopy
- Registered office
- Unit 1 Mains Of Keithfield, Methlick, Ellon, Aberdeenshire AB41 7HJ
- Incorporated
- 18/08/2005
Company snapshot
- Status
- Active
- Employees
- 6 (2023)
- Latest financial data
- 2023
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2023.
Net Assets
-9.02%vs 20222022: £166.70K
Total Assets
-22.64%vs 20222022: £260.51K
Cash in Bank
69.35%vs 20222022: £58.40K
Total Liabilities
-46.84%vs 20222022: £93.81K
Employees
-4vs 20222022: 10
In 2023, M J ENGINEERING (SCOTLAND) LIMITED reported net assets of £151.66K. The same filing shows total assets of £201.52K, cash in bank of £98.91K and total liabilities of £49.87K. Reported headcount was 6 in 2023. Total Assets fell from £260.51K in 2022 to £201.52K in 2023 (-22.64%). Okredo holds filed figures for 2021–2023; the table below lists every reported indicator by year. See every reported indicator by year.
Financial performance
Pick a measure to see how it has moved across the reported years, with the year-on-year change beneath it.
Net Assets
-9.02%from £166.70K in 2022Year-on-year change
Net Assets as filed for 2021–2023. Every figure in this chart is also in the financial history table.
3-year financial trend (2021–2023)
How the figures M J ENGINEERING (SCOTLAND) LIMITED filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.
Net Assets
+5.7%vs 2021+2.8% a year compound (CAGR)
Cash in Bank
+15550%vs 2021+1151% a year compound (CAGR)
Total Assets
-27.1%vs 2021-14.6% a year compound (CAGR)
Total Liabilities
-62.5%vs 2021-38.7% a year compound (CAGR)
Employees
-25%vs 2021-2Biggest increase
Cash in Bank+15550%
£632.00 in 2021 to £98.91K in 2023
Biggest decrease
Total Liabilities-62.5%
£132.91K in 2021 to £49.87K in 2023
M J ENGINEERING (SCOTLAND) LIMITED's filings pull in both directions between 2021 and 2023. The steepest rise came in cash in bank, pointing to a more liquid cash position, set against a fall in total liabilities, pointing to lighter outstanding obligations. See the full year-by-year figures.
Ratios from the filed figures
Calculated from M J ENGINEERING (SCOTLAND) LIMITED's own reported amounts, each shown against the year it was derived from — nothing here is estimated or industry-averaged.
- Net assets to total assets
- 75.25%2023
- Reported net assets divided by reported total assets, for the latest year both were filed. Shows how much of the asset base is not financed by liabilities.
- Liabilities to total assets
- 24.75%2023
- Total liabilities divided by reported total assets, for the latest year both were available. Shows how much of the asset base is funded by obligations.
- Cash to liabilities
- 198.34%2023
- Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
- Cash to total assets
- 49.08%2023
- Reported cash in bank divided by reported total assets, for the latest year both were filed.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for M J ENGINEERING (SCOTLAND) LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 |
|---|---|---|---|
| Net Assets£ | 143.43K | 166.70K | 151.66K |
| Total Assets£ | 276.34K | 260.51K | 201.52K |
| Cash in Bank£ | 632.00 | 58.40K | 98.91K |
| Total Liabilities£ | 132.91K | 93.81K | 49.87K |
| Employees | 8 | 10 | 6 |
M J ENGINEERING (SCOTLAND) LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for M J ENGINEERING (SCOTLAND) LIMITED covering 2021–2023, across 5 reported indicators. The most recent reported year is 2023.
M J ENGINEERING (SCOTLAND) LIMITED reported net assets of £151.66K for 2023. That compares with £166.70K in 2022, a change of -9.02%.
M J ENGINEERING (SCOTLAND) LIMITED reported total assets of £201.52K for 2023. That compares with £260.51K in 2022, a change of -22.64%.
M J ENGINEERING (SCOTLAND) LIMITED reported cash in bank of £98.91K for 2023. That compares with £58.40K in 2022, a change of 69.35%.
M J ENGINEERING (SCOTLAND) LIMITED reported 6 employees in 2023, compared with 10 in 2022.
Between 2021 and 2023, M J ENGINEERING (SCOTLAND) LIMITED's net assets rose by 5.7%, cash in bank rose by 15550%, total assets fell by 27.1% and total liabilities fell by 62.5%. Net assets compounded at 2.8% a year across the two years to 2023, from £143.43K to £151.66K. Reported headcount went from 8 in 2021 to 6 in 2023 (-2).
Okredo holds reported figures for the years 2021, 2022, 2023. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.